TASK Group Reports Solid Growth and Profitability

Plexure Group Limited (AU:TSK) has released an update.

TASK Group Holdings Limited reported a robust 20% jump in operating revenue to AUD$70.7m for the FY24, driven by the first full year of its McDonald’s deal and enhanced customer engagement. Despite significant investments in growth leading to increased operating expenses and a slight dip in operating profit to $7.8m, the company has successfully maintained profitable growth. Anticipation is building for the upcoming shareholders’ vote on the Scheme of Arrangement with PAR Technology, which could further influence TASK’s market position.

For further insights into AU:TSK stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.